FoodandretailconglomerateUni-PresidentEnterprisesCorp.(1216-TW)announceditsfirst-quarterfinancialresultsfor2022onWednesday(May11),reportingnetincomeaftertaxofNT$4.234billion,up25.34%QoQanddown21.67%YoY,andnetincomepershareofNT$0.75.PresidentChainStoreCorp.(2912-TW)reportedthemostsevereprofitdeclineamongthemajorsubsidiariesunderthebusinessgroup.Incontrast,TonYiIndustrialCorp.(9907-TW)reportedthelargestprofitgrowthinthefirstquarter.Uni-President’srevenueforthefirstquarterof2022wasNT$124.204billion.Grossmarginwas32.63%,anincreaseof1.24percentagepointsQoQandadecreaseof1.27percentagepointsYoY.NetincomeaftertaxwasNT$4.234billion,up25.34%QoQanddown21.67%YoY.NetincomepersharewasNT$0.75.AccordingtoUni-President,revenueforthefirstquarterof2022wasNT$12.404billion,up7.6%fromthesameperiodlastyear,with9.5%growthintheFoodDivisionand3%growthintheDistributionDivision.ThePackagingDivision,ledbyTonYiIndustrial,hada38.2%annualgrowthinrevenue,whichwasthemostimpressive.Intermsofprofitcontribution,TonYiIndustrialreportedanetincomeofNT$621millioninthefirstquarter,anincreaseofNT$435millioncomparedtothesameperiodlastyear.Thegoodresultscamefromanincreaseinthesalespriceofironandsteelproducts,whichboostedrevenueandgrossprofit.PresidentChainStore’safter-taxnetincomedecreasedbyNT$539millionor19.9%toNT$2.170billioninthefirstquartercomparedtothesameperiodlastyear.ThedecreaseoriginatesfromrecognizingthelossfromtheCarrefourwarehousefire,astheinsuranceclaimhasnotbeenapprovedandrecordedyet.
